Skip to playerSkip to main content
  • 15 hours ago
The U.S. Chamber of Commerce sued the Trump administration over its new $100K annual H-1B visa fee, calling it unlawful and harmful to startups reliant on skilled foreign workers. The program previously cost just $2K–$5K per visa.

Category

🗞
News
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The U.S. Chamber of Commerce filed a lawsuit Thursday challenging the Trump administration's
00:06new $100,000 annual fee for H-1B worker visas, according to CNBC.
00:11Chamber said the $100,000 H-1B visa fee is unlawful because it violates the Immigration
00:15and Nationality Act's rule that fees must reflect processing costs.
00:19Executive Vice President Neil Bradley said the policy would price out startups and small
00:23businesses that depend on skilled foreign talent.
00:26President Trump announced a plan requiring U.S. companies to pay $100,000 annually for
00:29H-1B visas as part of an effort to overhaul the Skilled Worker Program.
00:33Created in 1990, the program grants three-year visas with prior application fees ranging from
00:38$2,000 to $5,000.
00:40For all things money, visit Benzinga.com.
Be the first to comment
Add your comment

Recommended